• Sign up for the Daily Digest E-mail
  • Facebook
  • X
  • LinkedIn

BOE Report

Sign up
  • Home
  • StackDX Intel
  • Headlines
    • Latest Headlines
    • Featured Companies
    • Columns
    • Discussions
  • Well Activity
    • Well Licences
    • Well Activity Map
  • Property Listings
  • Land Sales
  • M&A Activity
    • M&A Database
    • AER Transfers
  • Markets
  • Rig Counts/Data
    • CAOEC Rig Count
    • Baker Hughes Rig Count
    • USA Rig Count
    • Data
      • Canada Oil Market Data
      • Canada NG Market Data
      • USA Market Data
      • Data Downloads
  • Jobs

Putin sees ‘light at end of the tunnel’ in Russia-US ties, cooperation in Arctic and Alaska

August 22, 20252:03 PM Reuters0 Comments

President Vladimir Putin said on Friday that there was “light at the end of the tunnel” in Russia-U.S. relations and that the two countries were discussing joint projects in the Arctic and Alaska.

The Russian president, answering questions during a visit to a nuclear research centre, said he was sure that U.S. President Donald Trump’s leadership qualities would help in restoring relations from recent lows.

“With the arrival of President Trump, I think that a light at the end of the tunnel has finally loomed. And now we had a very good, meaningful and frank meeting in Alaska,” Putin said, referring to last week’s summit.

“The next steps now depend on the leadership of the United States, but I am confident that the leadership qualities of the current president, President Trump, are a good guarantee that relations will be restored.”

His comments signalled Russia’s optimism that it can mend relations with the U.S. and strike business deals, despite the lack of clear progress towards ending the Ukraine conflict at his August 15 summit with Trump.

Putin did not give details of possible U.S.-Russia cooperation in the Arctic but said there were “huge, huge” mineral reserves in the region and noted that Russian liquefied natural gas company Novatek was already operating there.

“We are discussing, by the way, with American partners the possibility of working together in this area. And not only in our Arctic zone, but also in Alaska. And at the same time, the technologies that we possess, today no one but us possesses. And this is of interest to our partners, including those from the States,” he said.

Both Russia and the United States have said they see enormous economic opportunities if they can normalise relations after ties plunged to a post-Cold War low because of the war in Ukraine.

(Additional reporting by Vladimir Soldatkin, Ksenia Orlova and Filipp Lebedev; Writing by Mark Trevelyan; Editing by Edmund Klamann)

Follow BOE Report
  • Facebook
  • X
  • LinkedIn

Sign up for the BOE Report Daily Digest E-mail

Successfully subscribed

Latest Headlines
  • Cornerstone Engineering – Celebrating our Client’s Success – ARC Resources – Attachie Phase 1 Gas Plant
  • Pembina and PETRONAS Enter Long-Term Agreement for Cedar LNG Capacity
  • Pembina Pipeline to supply LNG to Malaysia’s PETRONAS for 20 years
  • Kazakhstan’s October oil output down 10% from September, source says
  • Unprecedented volume of oil stored on ships due to Western sanctions, Gunvor CEO says

Return to Home
Alberta GasMonthly Avg.
CAD/GJ
Market Data by TradingView

    Report Error







    Note: The page you are currently on will be sent with your report. If this report is about a different page, please specify.

    About
    • About BOEReport.com
    • In the News
    • Terms of Use
    • Privacy Policy
    • Editorial Policy
    Resources
    • Widgets
    • Notifications
    • Daily Digest E-mail
    Get In Touch
    • Advertise
    • Post a Job
    • Contact
    • Report Error
    BOE Network
    © 2025 Stack Technologies Ltd.